Utah Code Title 31A. Insurance Code § 31A-14-208. Requirements for foreign reciprocals

(1) No foreign reciprocal may be authorized to do business in this state unless:

(2) Any reciprocal admitted to Utah shall have a name that includes the word “reciprocal,” “interinsurer,” “interinsurance exchange,” “underwriters,” or “association.” The name may not suggest a corporate entity.

(3) The reciprocal may not be authorized to do business in Utah unless the contract with its attorney in fact satisfies the requirements for a management contract under Section 31A-14-207.

(4) To the extent they are consistent with the nature of a reciprocal, the provisions of Chapter 5, Domestic Stock and Mutual Insurance Corporations, that are made applicable to foreign mutual corporations by Section 31A-14-205 apply to foreign reciprocals, and the provisions and requirements applicable to principal officers of corporations apply to the attorneys in fact of reciprocal insurers.

(5) Except for life insurance and annuities, an authorized reciprocal may transact any kind of insurance, including reinsurance subject to Section 31A-20-107.